UK's Whitbread gains after Citi lifts PT on stronger growth outlook

Whitbread

21/08/2025 13:33

** Premier Inn-owner Whitbread WTB.L rises ~1.2% to 3,143p

** Citi raises its price target on the stock to 3,800p from 3,600p, citing stronger room growth expectations and resilient RevPAR trends

** The brokerage says balance sheet strength enables growth beyond the UK market, with hotel development activity in Germany showing a positive inflection in Q2

** "Valuation is undemanding vs. its own history and the UK market and the underlying investment case driving 10% EPS growth compelling, we reiterate our Buy rating," says Citi

** Of 19 brokerages covering the stock, 11 rate it "buy" or higher and 8 "hold", with a median price target of 3,376p -according to LSEG data

** Including session gains, stock is up ~7% YTD

 (Reporting by Atharva Singh in Bengaluru)

 ((Atharva.singh@thomsonreuters.com))